J.P. Morgan upgrades ENI S.p.A. (0N9S) to a Buy
In a report released today, Matthew Lofting from J.P. Morgan upgraded ENI S.p.A. to a Buy, with a price target of €22.00.
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Lofting covers the Energy sector, focusing on stocks such as BP p.l.c., Shell (UK), and TotalEnergies SE. According to TipRanks, Lofting has an average return of -0.3% and a 51.26% success rate on recommended stocks.
In addition to J.P. Morgan, ENI S.p.A. also received a Buy from TipRanks – PerPlexity’s PerPlexity Energy GB in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on ENI S.p.A. (LSE: 0N9S).
The company has a one-year high of €19.86 and a one-year low of €11.01. Currently, ENI S.p.A. has an average volume of 10.12M.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0N9S in relation to earlier this year.
Read More on GB:0N9S:
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